2 weeks ago
TechnoSport Announces Rs 130 Crore Erode Facility Expansion
TechnoSport makes clothing and fabric used for activewear.
The company plans to spend Rs 130 crore to expand its factory.
The factory is in Erode, Tamil Nadu.
TechnoSport signed an agreement with the Tamil Nadu government for the project.
This is the second phase of the factory’s expansion.
Today, the factory can make 25 tonnes of fabric each day.
After the expansion, it is expected to make 40 tonnes each day.
The company plans to complete this increase by the end of 2026-27.
TechnoSport signed an agreement with the Tamil Nadu government to invest Rs 130 crore.
The investment will expand the company’s existing manufacturing facility in Erode.
The project is part of the facility’s phase two expansion.
Activewear fabric capacity is expected to rise from 25 tonnes per day to 40 tonnes per day.
The expanded capacity is planned to be operational by the end of 2026-27.
- Who
- TechnoSport and the Tamil Nadu government.
- What
- An agreement for TechnoSport to invest Rs 130 crore in expanding its existing manufacturing facility.
- Where
- Erode, Tamil Nadu.
- When
- The announcement was made on Tuesday; completion is planned by the end of 2026-27.
- Why
- To increase activewear fabric manufacturing capacity from 25 tonnes per day to 40 tonnes per day.
Key facts
- Investor
- TechnoSport
- Investment
- Rs 130 crore
- Facility
- Existing manufacturing facility
- Location
- Erode, Tamil Nadu
- Current capacity
- 25 tonnes per day
- Planned capacity
- 40 tonnes per day
- Target completion
- End of 2026-27
Sources
Related news
CM Vijay's Chennai summit seals Rs 67,452-crore investment MoUs
Tamil Nadu secures Rs 67,452 crore investments from 97 firms
Tamil Nadu Plans Statewide Industrial Expansion for 2026–27
CM Vijay to inaugurate Tamil Nadu's maiden investment conclave
Rs 1,200 crore textile investment to deepen Gujarat-MP industrial ties
MEPZ SEZ approves ₹443 crore investments across eleven proposals
Ex-Minister Venkatachalam Quits DMK, Citing Circumstances and Local Water Concerns
Erode Youth Returns Home as Parents Remain Missing in Nepal
Railways Announces Sambalpur–Podanur Puja Festival Special Train Services
Four Arrested for Alleged Deer Poaching in Erode Reserve
